Professional Triathletes Organisation announces $150,000 Increase to Prize Purse at PTO 2020 Championship
November 2, 2020
LONDON, ENGLAND: The Professional Triathletes Organisation today announced that it has increased the prize purse at the PTO 2020 Championship at CHALLENGE DAYTONA® by $150,000 to $1,150,000. Originally the $1,000,000 prize purse was to be paid to the top 20 male and female finishers but given that the racing calendar for the year has been entirely decimated, the PTO has decided that all athletes who have qualified and race will receive no less than $2,500 each. The prize purse breakdown ranges from $100,000 for first place to $5,000 for 20th place and each athlete placed from 21st to 60th will receive $2,500. The full prize purse breakdown can be found here.
Charles Adamo, Executive Chairman of the PTO commented, “With the entire race season pretty much cancelled and with athletes having practically no earning opportunities and receiving little support from elsewhere, the PTO has decided that anyone who has qualified and races at the PTO 2020 Championship should receive some compensation. We had previously committed to paying twenty deep, which was already twice the number of athletes earning prize money than at a typical championship race. With the professionals continuing to receive little support this year, we could not in good conscience ask athletes to travel to the race and then, like too often happens, walk away with nothing but a big travel bill. That is not the way the PTO treats valued partners. With many sports, including our own, cancelling events and looking to decrease prize purses or cut payments to athletes, we see this as the time to invest in our PTO Professionals. It is a very simple formula – the PTO is the professionals’ organisation and it thrives when they thrive.”
The PTO 2020 Championship at CHALLENGE DAYTONA® will be the highlight of a difficult year and will see the world’s top triathletes competing for a $1,150,000 prize purse.With the top 40 PTO World Ranked athletes and the PTO wildcard selections, the field for the PTO 2020 Championship will be the strongest ever assembled.
There are still places available for the age group events at CHALLENGE DAYTONA® and those interested can register here.
Professional Triathletes Organisation